Gerdau (GGB)

• Market cap: $5.3B
• 1 day: -3.69%
• 5 days: -1.14%
• 1 month: -8.10%
• 3 months: -12.71%
• 6 months: -17.67%
• Year to date: -9.38%
• 1 year: -25.00%
• 5 years: 52.63%
• 10 years: -2.25%
• Sector: Materials
• Industry: Steel

About: Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutors, mechanical construction bars, and reinforced steel locks. The company's geographical segment includes Brazil Operations; North America Operations; South America Operations as well as Special Steel Operations. It derives the majority of its revenue from the Brazil Operations segment.

Employees: 25,557

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

24% more call options, than puts

Call options by funds: $234K | Put options by funds: $189K

10% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 31

0.86% more ownership

Funds ownership: 22.99% [Q3] → 23.85% (+0.86%) [Q4]

1% less funds holding

Funds holding: 185 [Q3] → 184 (-1) [Q4]

16% less capital invested

Capital invested by funds: $1.12B [Q3] → $933M (-$183M) [Q4]

18% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 66

50% less funds holding in top 10

Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $2.90 11% upside
• Avg. target: $2.90 11% upside
• High target: $2.90 11% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

UBS Caio Greiner 0% 1-year accuracy 0 / 1 met price target

11% upside $2.90

Neutral Maintained

30 Apr 2025